III.

CORPORATE VISION, MISSION, AND CORE VALUES

1) VISION, MISSION, AND CORE VALUES OF GLOBE TELECOM, INC.

Vision Statement:

“We see a Philippines where families' dreams come true, businesses flourish,
and the nation is admired.”

Mission Statement:

“We create wonderful experiences for people to have choices, overcome challenges,
and discover new ways to enjoy life.”

Core Values:

à We put our customers first

à We value people and together, we make a difference.
à We act with integrity
à We care like an owner. We keep things simple
à We move fast. We are better every day.

2) EVALUATION OF GLOBE TELECOM, INC. VISION STATEMENT

Globe Telecom's vision statement is a future key intend to characterize what the
organization needs to do. In addition, it is a document that distinguishes its motivation to
work with strategy, management, and general decision-making processes. Basically,
the vision explanation implies that the organization ceases from extended vernaculars
and exchanges to connect with the overall population and related partners.

The assertion should be succinct as it needs to pass on the idea of the

organization and likely arrangements that will assist partners with understanding the
organization's business reasoning and procedure. All things considered, it should be a
thorough explanation that distinguishes the organization's center qualities to arrive at its
future objectives.
 Parameter Yes / No
Does it clearly answer
the question: What do
we want to be?
Is it concise enough yet
inspiring?
Is it aspirational?
Does it give a clear
indication of when it
should be achieved?
Why
Globe Telecom's vision statement ought to be brief
however thorough in nature. This implies that the vision
explanation should be finished in portrayal and data
NO
concerning what the organization needs and how it
plans to deliberately accomplish its long-term
objectives.
This is inspiring in a way because it gives hope to the
country that Globe Telecoms will achieve its dream,
YES however, it isn't brief on the grounds that the said
vision proclamation doesn't demonstrate how and what
sort of dream the organization would give them.
Globe Telecoms Vision statement indicated that the
YES company will transform the status quo into something
better and eventually develop the business.
Globe Telecoms doesn't give a definite or even any
NO
sort of course of events in its vision statement.

3) EVALUATION OF GLOBE TELECOM, INC. MISSION STATEMENT AND CORE

VALUES

Globe Telecom's mission statement and core values need key fixings and notice
nothing about the sort of involvement they will offer individuals to choose from, the kind
of innovation the organization will offer, how it will treat representatives, and how it will
add to the country building. Ultimately, the manner in which it conveys its statement of
purpose explicitly by utilizing "wonderful" is far-reaching.

Parameter Yes / No If yes, which part of the statement

1. Customers YES People

2. Products and services NO N/A

3. Markets YES The nation

4. Technology NO N/A
5. Concern for survival, growth,
YES We care like an owner
profitability
6. Philosophy YES We make a difference.
We act with integrity
We care like an owner
7. Self-concept YES
We keep things simple
We are better every day
8. Concern for employees NO N/A

9. Concern for nation building NO N/A

IV. EXTERNAL ANALYSIS

1) MACRO ENVIRONMENTAL ANALYSIS

These are external factors that can affect not the telecommunications industry as
well as the other industries of a particular country. There are many variables that might
generally affect another specific industry however may insignificantly affect the
telecommunications industry. The following is a rundown of variables recognized as
altogether affecting the broadcast communications industry in the Philippines.

i. ECONOMIC FACTORS

PHILIPPINES GDP GROWTH

The Philippine Gross Domestic Product (GDP) posted a development of 7.1

percent in the second from last quarter of 2021.
 The fundamental contributors of development with comparing increments are
wholesale and retail; fix of engine vehicles and motorcycles, 6.4 percent; Manufacturing,
6.3 percent; and Construction, 16.8 percent. In the main economic sectors, Industry and
Services recorded positive development paces of 7.9% and 8.2%, separately. In the
interim, the agriculture, forestry, and fishing areas decreased by 1.7% in the third
quarter of 2021.

The Asian Development Bank left its GDP growth forecast for the Philippines
unchanged at 4.5% in 2021 and 5.5% in 2022 in its Asian Development Outlook 2021
update. The country's economy is showing signs of recovery, with an increase in
domestic demand and favorable external trends in accordance with ADO's figures
released in April.

RELEVANCE TO THE ENTERPRISE

As the country's GDP keeps on developing, this will make more employments;
give consumers more purchasing power which thusly permits them to spend more then
will help the benefits of the Telecommunications Company. What's more, the GDP
development of the Philippines will likewise advance the improvement of new and
existing organizations in the country. Also, these organizations will animate interest in
the telecommunications products and services that the telecom business gives to these
organizations.

GROWTH OF BUSINESSES IN THE PHILIPPINES SPECIFICALLY THE BPO

INDUSTRY

As the Philippines' GDP keeps on developing, so do domestic businesses. One

of the primary contributors to this growth is the country's business process outsourcing
(BPO) industry despite the economic slowdown brought by the pandemic. BPOs can
continuously operate with businesses by having up to 70% of their employees work
from home during the quarantine. As indicated by the article, it is said that in the first
and second quarters of this current year, BPO thrived with an ever-increasing number of
organizations growing tasks and new organizations putting resources into the country.
RELEVANCE TO THE ENTERPRISE

The vast majority of the country's BPO industry needs different

telecommunications services to have the option to discuss seamlessly with domestic
and foreign stakeholders. The development of this industry will then, at that point, lead
to an increase in demand for telecommunications products and services.

INTEREST RATES

Bangko Sentral ng Pilipinas has left interest rates unchanged, saying it keeps an
accommodative position that will permit more cash into the monetary framework as the
COVID19 pandemic continues to hit the economy. Still the lowest on record, this is the
key rate since the interest rate cut in November. Demand deposit rates and lending
rates were additionally kept unaltered at 1.5% and 2.5%, respectively.

RELEVANCE TO THE ENTERPRISE

The telecommunications industry is a capital expansive industry; it resembles a

utility industry that puts intensely in different foundations the nation over. The
fundamental distinction is that the costs of items and administrations in the industry are
pushed down, in contrast to service organizations.

What's more, quickly changing broadcast communications innovation is the main

consideration that must consistently be considered. These progressions in broadcast
communications innovation require extra funding to back the previously mentioned
changes, and the ensuing increment or diminishing in loan costs will incredibly influence
the business' capacity to dispense capital.

SOCIAL MEDIA

The Philippines is known as the Social Media Capital of the World because of the
staggering greater part of web media clients with incredibly high uptime, around 4 hours
every day. The prerequisite for appropriate social association, particularly in a nation
separated by in excess of 7,000 islands and with an expanding number of unknown
experts, is one of the fundamental factors that increment the number utilization of online
media. The utilization of it is developing across the Philippines. In addition to other
things, sites like Facebook, Twitter, and Instagram have made a technique for
connecting and fixing all issues between friends and family, permitting content makers
to share information through specific means and taking into account a more extensive
reach than web publicizing.

RELEVANCE TO THE ENTERPRISE

Nations on the utilization of social networks, the telecommunications industry in

the Philippines will benefit significantly, as an enormous piece of the country's populace
currently utilizes web-based media stages to speak with companions, read news, and
other related exercises. These days, organizations are likewise utilizing online media for
their advertising efforts. The increment in the utilization of informal organizations by
organizations will essentially build the interest for broadcast communications items and
administrations, particularly web networks.

ONLINE BANKING AND PAYMENT SERVICES

Cash payment is as yet the primary method of payment, but today an ever-
increasing number of banks and other payment organizations are utilizing the Internet
as a payment mode and platform for conducting banking transactions because of the
quick and accommodation of online transactions. This is made even more important by
the COVID19 pandemic. Given the inability of individuals to go out and do physical
transactions with their banks or conduct transactions in person, dependence on these
innovations has developed quickly. BSP reports that in the first 45 days of the enhanced
community quarantine, online banking transactions increased by 25%.

RELEVANCE TO THE ENTERPRISE

Cash might in any case be ruler in the Philippines, yet with the worldwide trend of
cashless transactions being done online and with the advancement of new internet-
based security innovation, this medium can contribute well to future benefits for the
broadcast communications industry as a fundamental innovation to do online
exchanges are done by the country's telecommunications companies.
ii. ENVIRONMENTAL FACTORS

TYPHOON, EARTHQUAKE, AND VOLANIC RELATED RISKS

Cataclysmic events are common in the Philippines; annually more than 20

typhoons and earthquakes make landfall in this country. The World Wildlife Fund says
the Philippines ranked third in the world most vulnerable to climate change. And not
only that, the nation is likewise located in the Pacific Ring of Fire, which is inclined to
seismic tremors and volcanic emissions, as the nation has around 23 dynamic
volcanoes. The World Bank gauges that the expense of such cataclysmic events to the
Philippine economy represents around 3% of the country's GDP every year.

RELEVANCE TO THE ENTERPRISE

The Philippines is very susceptible to strong storms, especially now that

climate change is forecast to have stronger storms in the coming years and this country
is located in the pacific rim of fire, making altogether expands the danger of tremors and
volcanic catastrophes. Such calamities can extraordinarily influence
telecommunications companies in the event that they happen on the grounds that the
foundation and equipment of industry players are scattered across the country. The
destruction and degradation of such equipment can add to the telecommunications
industry's cost of doing business.

iii. TECHNOLOGICAL FACTORS

NEW FIBER OPTIC AND BROADBAND RELATED TECHNOLOGIES

These are new advancements or moves up to old technologies tested by various

hardware providers of the telecom business that can possibly work on the unwavering
quality and speed abilities of the current foundation of fiber optic and broadband media
communications organizations. Technologies, for example, fiber optic cable, broadband
power lines, and DWDM technology are currently being developed or upgraded to fulfil
the developing need for web association speed and limit.
SOURCES:

https://business.inquirer.net/323694/bpo-industry-grows-despite-pandemic

https://psa.gov.ph/national-accounts

https://www.globe.com.ph/aboutus/corporategovernance/corporateobjectives.html#gref

https://www.globe.com.ph/content/dam/globe/brie/Aboutus/sustainability/documents/GL
O_IR2020.pdf

https://www.statista.com/topics/6759/socialmediausageinthephilippines/#dossierKeyfigu
res